Vectren and Mergers & Acquisitions and Gas and Deals and Energy & Environment and Utilities

Miller Pipeline purchases Illinois-based contractor

December 7, 2009

Indianapolis-based Miller Pipeline Corp. announced Monday morning that it has purchased Illinois-based Elcon Pipeline Inc., marking the company’s fifth acquisition in the past four years.
   
Terms of the deal were not disclosed.

Miller Pipeline, a natural gas distribution, transmission pipeline and utility contractor, now has a presence in 23 states, stretching from Florida to Indiana and from New Jersey to Kansas. Elcon is located in Rosamond, Ill., south of Decatur. It is a contractor for the St. Louis-based Ameren Corp. utility.
 
“This acquisition provides Miller with the opportunity to enter a new geographic market and develop long-term relationships with new customers,” Miller Pipeline CEO Doug Banning said in a prepared statement. “Consolidating our efforts enables us to offer gas distribution, transmission and repair services to the utility marketplace in Illinois.”

Founded in 1953, Miller Pipeline is owned by Evansville-based Vectren Corp.
 

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